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CPS LATAM Celebrates Remarkable Growth in 2023

Posted at December 20, 2023

CPS LATAM has reported a year of substantial growth and strategic achievements in 2023, marked by key expansions, collaborative ventures, and increased market presence in Chile, Peru, and Panama.

The inauguration of a new CPS distribution centre in Santiago signifies CPS LATAM’s commitment to enhancing its logistical capabilities. The company has also engaged in promising discussions with Michelin Group entities to explore potential synergies.

CPS LATAM actively participated in major mining shows, including Perumin Arequipa and Expomin Santiago, showcasing its innovative product offering.

Moreover, CPS LATAM experienced a notable increase in market share in Chile. In 2023, the company grew its customer base by 100% and initiated two site trials, aiming to further increase its footprint in 2024.

In Peru, CPS LATAM celebrated its first full year of operations. From two small clients in 2022, the company expanded its reach to seven major copper producers in 2023.

For two of the world’s largest copper producers, significant technical validation was approved from site trials. CPS LATAM also initiated additional site trials with four major customers to pave the way for opportunities in 2024.

CPS LATAM also secured and efficiently delivered an expansion screen-house project and tie-in supply for a pit customer, demonstrating CPS’ capacity to execute and deliver complex projects.

CPS LATAM’s achievements in 2023 reflect its commitment to innovation, strategic partnerships, and client satisfaction; positioning the company for continued success in the region. As CPS LATAM continues to expand its presence and deliver innovative solutions, the company looks forward to another year of dynamic growth and strategic partnerships in 2024.

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